{"id":4042,"date":"2023-02-18T08:40:50","date_gmt":"2023-02-18T08:40:50","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=4042"},"modified":"2024-03-26T13:35:42","modified_gmt":"2024-03-26T13:35:42","slug":"etoro-vs-cmc-markets","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/etoro-vs-cmc-markets\/","title":{"rendered":"eToro vs CMC Markets"},"content":{"rendered":"\n

We will compare eToro to CMC Markets on this page. This comparison goes over the pros and cons of both CMC Markets and eToro.<\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
\"CMC
CMC founded in 1989 is based in the UK and provides clients with online trading, including shares, spread betting<\/a>, CFDs, and Forex. CMC Markets is headquartered in London with offices in Singapore and Sydney.
Read Full Review<\/a><\/td>		\"comparison
eToro is a social\/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions.
Read Full Review<\/a>

Open Account<\/span><\/a><\/div>

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong> You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com\/trading\/fees.eToro USA LLC does not offer CFDs, only real Crypto assets available.<\/td><\/tr>
Year founded:<\/strong><\/td><\/tr>
1989<\/td>2006<\/td><\/tr>
Regulated by:<\/strong><\/td><\/tr>
ASIC, IIROC, FCA, MAS<\/td>FinCEN, FCA, MiFID, CySec, ASIC<\/td><\/tr>
Headquarters:<\/strong><\/td><\/tr>
London<\/td>London UK, Limassol Cyprus, Sydney Australia, USA<\/td><\/tr>
Is a Bank:<\/strong><\/td><\/tr>
No \u274c<\/td>No \u274c<\/td><\/tr>
Demo Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$0<\/td>$50 – $10,000<\/td><\/tr>
Minimum Trade:<\/strong><\/td><\/tr>
varies<\/td>$25 – $1,000<\/td><\/tr>
Islamic Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Social\/Copy Trading:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Spread Betting:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No \u274c<\/td><\/tr>
Excluded countries:<\/strong><\/td><\/tr>
CFD in the USA<\/td>133<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Types of Products And Markets Available<\/h2>\n\n\n\n

When comparing eToro to CMC Markets, eToro is the better choice, especially for traders looking to invest in real assets. CMC Markets only offers securities through CFDs, meaning you never own the underlying assets. eToro offers both real assets and CFDs, making it the better option.<\/p>\n\n\n\n

Visit eToro<\/a> – {etoroCFDrisk}<\/strong>% of retail investor accounts lose money when trading CFDs with this provider.<\/strong><\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
Markets Available:<\/strong><\/td><\/tr>
Stocks, Stock Index, ETFs, Bond, Crypto, Forex, Commodities
(Through CFD) <\/td>		Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD)<\/td><\/tr>
CFDs Total<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
2386<\/td><\/tr>
Forex Pairs<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
49<\/td><\/tr>
Stocks<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
2106 <\/td><\/tr>
Cryptocurrencies<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
16<\/td><\/tr>
Commodities<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
31<\/td><\/tr>
ETFs<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No<\/td><\/tr>
Options<\/strong><\/td><\/tr>
No \u274c<\/td>No \u274c<\/td><\/tr>
EFPs<\/strong><\/td><\/tr>
No \u274c<\/td>No \u274c<\/td><\/tr>
Mutual Funds<\/strong><\/td><\/tr>
No \u274c<\/td>No\u274c<\/td><\/tr>
Robo Portfolios<\/strong><\/td><\/tr>
No \u274c<\/td>No \u274c<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Trading Platforms<\/h2>\n\n\n\n

When it comes to trading platforms, it depends whether you need advanced features or not. CMC Markets offers their proprietary platform along with the popular MT4. eToro on the other hand, has a very well built proprietary platform that is easy to use and will suffice for most traders.<\/p>\n\n\n\n

Visit eToro<\/a> here –  {etoroCFDrisk}<\/strong>% of retail investor accounts lose money when trading CFDs with this provider<\/strong><\/p>\n\n\n\n

For advanced traders, CMC Markets is a better choice, while eToro is better for beginner to intermediate traders.<\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
Proprietary Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Desktop Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No \u274c<\/td><\/tr>
Mobile App:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f
iOS, Android<\/td>		Yes \u2714\ufe0f
iOS, Android<\/td><\/tr>
Web Trading Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
MetaTrader:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No<\/td><\/tr>
cTrader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mirror Trader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Zulu Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Dupli Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Fees<\/h2>\n\n\n\n

CMC Markets has better fees for Forex pairs, while eToro is a much better choice for stocks. CMC charges high CFD stock fees, while eToro has 0% commissions on stocks. Overall, we pick eToro as the winner.<\/p>\n\n\n\n

Visit eToro<\/a> –  {etoroCFDrisk}<\/strong>% of retail investor accounts lose money when trading CFDs with this provider<\/strong><\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
Trading Fees:<\/strong><\/td><\/tr>
Yes
Spread Varies<\/td>		Yes
0% Commission on stocks
Spread Varies<\/td><\/tr>
Deposit Fees:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Withdrawal Fees:<\/strong><\/td><\/tr>
$0<\/td>$5 (Bank Transfer)
$5 (Credit Cards, eWallets)<\/td><\/tr>
Overnight Funding:<\/strong><\/td><\/tr>
Yes <\/td>Yes <\/td><\/tr>
Inactivity Fee:<\/strong><\/td><\/tr>
Yes
$15<\/td>		Yes
$10\/month<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Customer Support<\/h2>\n\n\n\n

CMC Markets support is far more responsive and offers more languages. eToro is known for their slow response times and sub-optimal support.<\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
eMail:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Online Chat:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Phone Support:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No<\/td><\/tr>
Languages:<\/strong><\/td><\/tr>
20<\/td>15<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Account Funding<\/h2>\n\n\n\n

When it comes to account funding eToro is the better option. They offer a smaller minimum deposit as well as more options to fund your account.<\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
Deposit Methods:<\/strong><\/td><\/tr>
Credit card, Debit card, or Bank Transfer<\/td>Visa, MasterCard, Skrill, Neteller<\/td><\/tr>
Deposit Fee:<\/strong><\/td><\/tr>
No \u274c<\/td>No \u274c<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$0<\/td>$50 – $10,000<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Education<\/h2>\n\n\n\n

Comparing eToro to CMC Markets when it comes to education offered, CMC Markets has a slight edge. CMC Markets has great educational articles, webinars, a demo account, platform tutorials, and more. eToro doesn't offer such a comprehensive educational portal.<\/p>\n\n\n\n
CMC Markets<\/th>eToro<\/th><\/tr><\/thead>
Video Tutorials:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Webinars:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Verdict<\/h2>\n\n\n\n

Is eToro better than CMC Markets? <\/p>\n\n\n\n

eToro is the perfect broker for beginner to intermediate investors, while CMC Markets is suitable for more advanced and professional traders.<\/p>\n\n\n\n

Read more eToro Comparisons:<\/p>\n\n\n\n